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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Eric L who wrote (3985)	6/20/2006 5:12:04 PM
From: elmatador	Respond to of 9255

Relations between Siemens and Nokia may soon become a little less cozy, however, when they start axing up to 9,000 jobs at Nokia Siemens Networks. Overstaffing was seen as one of the barriers to greater profitability at Siemens Com; now the Finnish group must get tough, as WestLB analyst Thomas Langer said in a research note. "Nokia must be prepared to play the 'bad guy' when it comes to lay-offs and negotiations with German trade unions," Langer wrote. today.reuters.com

To: Eric L who wrote (3985)	6/20/2006 5:55:51 PM
From: elmatador	Respond to of 9255

Only one can bag BSNL tender. With merger of Nokia and Siemens telecom divisions, only one of the two companies is expected to qualify for the country's largest tender, seen at $4.5 billion over three years. Only one can bag BSNL tender. (The Times of India Via Thomson Dialog NewsEdge) MUMBAI: The most telling impact of the mega merger in India will be felt in the Bharat Sanchar Nigam (BSNL) tender for 45.5 million cellular lines. With merger of Nokia and Siemens telecom divisions, only one of the two companies is expected to qualify for the country's largest tender, seen at $4.5 billion over three years. On June 14, five bidders - Ericsson, Motorola, Nokia, Siemens and ZTE - were shortlisted from 18 companies which had bid for the tender. Alcatel, another global telecom equipment giant, is not bidding since its joint venture with ITI has already bagged 25% of the order, that is 15 million lines, under the government's reservation policy. At the outset, the Nokia-Siemens combined entity would have to put in a single bid as stipulated by the bidding norms. As per BSNL's tender norms, the bidder with the lowest cost (L1) would get to execute 60% of the order while the second lowest bidder (L2) would execute the balance 40%. However, both have to meet BSNL's technical requirements. In case Nokia and Siemens come in as L1 and L2, one of them would have to forgo the tender in favour of the other.